Companies · Retailing

Rent the Runway, Inc.

NEW YORK · Retailing

Diligence memoA one-page analyst read on Rent the Runway, Inc. — recommendation, valuation, rhythm, risks.
$174.4M
Total raised · real
5
Rounds
1.0×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Thu Dec 22 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Rent the Runway, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the retail sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.20× the median modeled value of Series C Retailing companies in 2016–2018 (8 peers) — value vs value, same stage and era.
  • Within the normal band (120% of peer median) for its niche.
Dormant
  • Last raise 9.5 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Retailing

Rent the Runway, Inc. is one of 2347 Retailing companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
18
Investors (latest)
2016-12-22
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2009-07-08 Raised $1.6M (real) Modeled valuation $9.8M (est)Seed2009Series B · 2010-02-16 Raised $15M (real) Modeled valuation $85M (est)Series B2010Series B · 2011-05-13 Raised $15M (real) Modeled valuation $85M (est)Series B2011Series B · 2012-11-16 Raised $24M (real) Modeled valuation $138M (est)Series B2012Series B · 2012-11-16 Raised $20M (real) Modeled valuation $113M (est)Series B2012Series C · 2014-12-18 Raised $60M (real) Modeled valuation $349M (est)Series C2014Series C · 2016-12-22 Raised $60M (real) Modeled valuation $349M (est)Series C2016+$15M+$15M+$24M+$20M+$60M+$60MCumulative $196M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.6M · 2009
Series B$15.0M · 2010no Series A on file
Series B extension$15.0M · 2011
Series B extension$24.4M · 2012
Series B extension$20.0M · 2012
Series C$60.0M · 2014
Series C extension$60.0M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$349.2M
Base estimate est.
$208.8M
Conservative case
$920.1M
Upside case
$400.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the retail sector profile. Directional, not a quoted figure.

Seed · modeled $9.8M · 2009-07-082009Series B · modeled $84.6M · 2010-02-16Series B · modeled $84.6M · 2011-05-13Series B · modeled $137.6M · 2012-11-16Series B · modeled $112.8M · 2012-11-16Series C · modeled $349.2M · 2014-12-18Series C · modeled $349.2M · 2016-12-222016
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
70%
Survival probability
52% low · 81% high
1.04×/yr
Annual markup
1.19×/yr upside case
6.0 yr
Elapsed time used
9.5 yr actual, capped for stale marks
retail
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$23.4M/yr
Capital velocity
17.0 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 2347 companies in Retailing. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 111× above median
This company$174.4M
Sector median$1.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.2× above median
This company$60.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 61× above median
This company$349.2M
Sector median$5.8M

Raised more than 98% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #3 of 8.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)BrightHouse Topco Ltd · Series C Raised $74.5M · modeled $433.8M (est)Independent Pet Partners Holdings, LLC · Series C Raised $61.8M · modeled $359.9M (est)Blue Mistral, LLC · Series C Raised $55.2M · modeled $321.5M (est)GYMBOREE HOLDING Corp · Series C Raised $44.8M · modeled $260.8M (est)Ancient Brands Holdings, LLC · Series C Raised $43.6M · modeled $253.7M (est)Charming Charlie Holdings Inc. · Series C Raised $90.8M · modeled $60.4M (est)Pirch, Inc. · Series C Raised $134.9M · modeled $58.2M (est)Rent the Runway, Inc. (this company) Raised $174.4M · modeled $349.2M (est)Rent the Runway, Inc.
CompanyStageRaised · realValue · estvs peer med.
BrightHouse Topco LtdSeries C$74.5M$433.8M1.49×
Independent Pet Partners Holdings, LLCSeries C$61.8M$359.9M1.24×
Rent the Runway, Inc. this companySeries C$174.4M$349.2M1.20×
Blue Mistral, LLCSeries C$55.2M$321.5M1.10×
GYMBOREE HOLDING CorpSeries C$44.8M$260.8M0.90×
Ancient Brands Holdings, LLCSeries C$43.6M$253.7M0.87×
Charming Charlie Holdings Inc.Series C$90.8M$60.4M0.21×
Pirch, Inc.Series C$134.9M$58.2M0.20×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.6M2009-07-08$7.8M$9.8M85%
Series B$15.0M2010-02-16$83.3M$84.6M85%
Series B$15.0M2011-05-13$83.3M$84.6M85%
Series B$24.4M2012-11-16$135.6M$137.6M85%
Series B$20.0M2012-11-16$111.1M$112.8M85%
Series C$60.0M2014-12-18$400.0M$349.2M85%
Series C$60.0M2016-12-22$400.0M$349.2M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.6M2009-07-08
    • First recorded raise — entered as Seed.
    • 5 investors on this round.
  2. Series B$15.0M2010-02-16
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 9.7× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Series B$15.0M2011-05-13
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  4. Series B$24.4M2012-11-16
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 12 investors on this round.
  5. Series B$20.0M2012-11-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
  6. Series C$60.0M2014-12-18
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 14 investors on this round.
  7. Series C$60.0M2016-12-22
    • Raised again after 24 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 18 investors on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~15mo cadence
$60.0M
Modeled next size est.range $60.0M$96.0M
1.0×
Last step-up
$23.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Scott Friend9 other2014-12
Dan Nova7 other2014-12
Scarlett O'Sullivan4 other2016-12
Maureen Sullivan3 other2016-12
Dan Rosensweig2 other2014-12
John Rucker2 other2014-12
Daniel O'Keefe1 other2014-12
Jennifer Carter1 other2009-07
Rick Kimball1 other2016-12
Aileen Carter Lee2011-05
Beth Kaplan2014-12
Bob Carter Sauerberg2012-11
Brooke Hartmann2016-12
Brook Hartmann2014-12
Camille Fournier2014-12
Carley Carter Roney2011-05
Carley Roney2014-12
Charles Ickes2014-12
Dan Carter Nova2011-05
Dan Carter Rosensweig2012-11
Dan Y. Nova2010-02
James Carter Budgen2012-11
Jennifer Carter Fleiss2010-02
Jennifer Carter Hyman2011-05
Registry & provenance

Rent the Runway, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1468327
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Comfort Holding, LLCRetailingSeries C$182.6M$531.2Msame sector · same stage
Allbirds, Inc.RetailingSeries C$200.6M$569.0Msame sector · same stage
Chegg, IncOtherSeries C$171.4M$16.7Mnetwork1 shared operator · same stage
Bonobos IncRetailingSeries C$136.9M$320.1Msame sector · same stage
Pirch, Inc.RetailingSeries C$134.9M$58.2Msame sector · same stage
Zulily, Inc.RetailingSeries C$134.6M$494.7Msame sector · same stage
Suma Brands, Inc.RetailingSeries C$134.1M$487.5Msame sector · same stage
Nobull, LlcRetailingSeries C$132.0M$362.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Rent A Center Inc DeRetailingSeries D+$2.2B82%
Metro Business, Inc.RetailingPre-Seed$3.7M76%
Batch 22, Inc.RetailingPre-Seed$257K76%
Sonoma Enlivened, Inc.RetailingPre-Seed$1.7M76%
Wardrobe LLCRetailingSeed$19.9M76%
Dorm It UpRetailingPre-Seed$2.3M76%
Realster, LLCRetailingSeed$3.2M75%
Snaps Ventures Inc.RetailingSeed$4.6M74%
Frequently asked
How much funding has Rent the Runway, Inc. raised?
Rent the Runway, Inc. has raised approximately $174.4M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Rent the Runway, Inc.'s estimated valuation?
Provath's modeled valuation for Rent the Runway, Inc. is approximately $349.2M (modeled range $208.8M–$920.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Rent the Runway, Inc. at?
Rent the Runway, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Dec 22.
What does Rent the Runway, Inc. do and where is it based?
Rent the Runway, Inc. operates in the Retailing sector, based in NEW YORK.
Explore related

See where Rent the Runway, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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